The Pegasus Horse Farm is one of the most immaculate and beautiful equestrian farms in North Texas. Located 75 miles SE of Dallas and 10 miles NE of Athens, this remarkable farm presents a rare opportunity to acquire a turnkey equestrian facility set on sandy loam soil – ideal for horses. The property has served as home to The Pegasus Project, a nonprofit organization dedicated to the rescue, rehabilitation, and rehoming of horses.

Entering through the gated entry off FM 2339, a sense of calm immediately sets in as you drive past manicured hay pastures where horses graze peacefully in the distance. The ranch features multiple barns totaling 11 stalls, a covered arena, a covered round pen, a horse walker, and numerous paddocks with 14 run-in sheds. Additional improvements include equipment and storage barns, fertile hay meadows and wooded pastures, ponds, Electrobraid fencing, and even a grass airstrip with a metal hangar.

The surrounding area-spanning Henderson and Van Zandt counties is highly sought after for recreational ranches, equestrian estates, and second homes. Its proximity to the rapidly growing Dallas-Fort Worth Metroplex makes it especially attractive for those seeking a private rural retreat within easy reach of the city.

Land:

The property is impeccably maintained and cross-fenced into 12 pastures. The sandy loam soil provides excellent footing and supports lush hay production. While much of the ranch is open pasture, the western section offers two wooded areas with trails, two ponds and the secluded owner’s compound nestled among mature trees.

Water source is a high-producing private well near the arena, supplying the entire property. There are two ponds-one within the owner’s compound, which is fed by a spring, another in the northeast corner of the property.

The gently rolling landscape features a balanced mix of open pastures, wooded areas, and natural vegetation-providing scenic beauty, privacy, excellent habitat for wildlife.

Residential Improvements:

Upon entering the private, gated drive, you’ll pass through open hay meadows shaded groves before arriving at the owner’s compound, a serene setting surrounded by mature trees with views of a pond and open pastures beyond.

The main residence is a thoughtfully designed 640+/- SF cabin featuring 1 bedroom, 1 bath, with a spacious front porch overlooking the pond. Adjacent is a 450+/-SF guest cabin, currently used as an office. A large multi-vehicle carport attaches to the east side of the main cabin. Nearby is a two-stall Ulrich horse barn with a feed room and four attractive wooden utility sheds.

An additional residence includes a 300+/- SF guest cabin (built in 2015) with a full kitchen and bath, complete with septic, power, and water. Located on the southern end of the property is a beautiful tiny home owned by the horse trainer, which is available for purchase separately. This tiny home has septic, power and water and is near another two-stall barn with tack room.

Equestrian Improvements:

A separate drive leads directly to the equestrian complex, which includes:

· 11 total stalls and 12 fenced pastures (no-climb or electric fencing) each with water

· 200’ x 100’ covered arena with 200’ x 40’ overhang, pipe fencing, sprinkler system for dust control, sand footing, large ventilation fans, four Priefert stalls, tack room, bathroom with septic, and concrete aisles (built 2020)

· 62’ x 62’ covered round pen (built 2017)

· 4-horse Priefert horse walker

· Hay barn with 5 stalls and updated sliding barn doors

· 14 run-in sheds distributed across the pastures

· Covered arena allows for year-round training and events.

Airstrip and Hanger:

Constructed in 2010, the 2,400’ x 60’ grass runway and 60’ x 48’ metal hangar (built 2015) accommodates